The foreign direct investments (FDIs) in Romania were lower by 13 percent in the first five months of this year compared with the same period of 2016, to EUR 1.44 billion, according to a release of National Bank of Romania (BNR).
“The FDIs on non-residents in Romania amounted to EUR 1.44 billion, out of which capital contributions amounted to EUR 1.85 billion and the intergroup loans had a net negative value of EUR 406 million,” says the document.
The number of firms with foreign capital newly set up increased in the first five months of the year by 8.5 percent, compared with the similar period of 2016, to 2,406 units, according to the data of the National Office of Trade Registry (ONRC).
The 2,406 new companies had a subscribed share capital of USD 16.7 million, a growth by 8.7 percent compared with January-May 2016.
In May 2017, compared with May 2016, the number of newly set up companies increased by 4.6 percent to 581 firms.
Romania registered the weakest year in 2016 from the last 18 years regarding the set up firms with foreign capital. In 2016, 5,348 firms of this kind were founded. The record was registered in 2007, when over 15,000 firms of this kind were created.
The total value of social capital of the 5,348 firms reach USD 40 million, by 1.4 percent over 2015.